Tuesday, October 20, 2009

Largest % rally in STI without correction

Classifiy them as huge range

Apr 1990 - 1109 - 41%, 13mths
May 1991 - 1565

Oct 1992 - 1333 - 77%, 4 mths
Feb 1993 - 2366

Nov 2001 - 1332, 35%, 4mths
Mar 2002 - 1801

1998 rebound rally
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Aug 1998 - 862 - 79%, 5mths
Jan 1999 - 1547

Correction of (1504-1362) - 10%, 1mth

Feb 1998 - 1362 - 60%, 5mths
Jul 1999 - 2175
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Bull market 2003
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May 2003 - 1300 - 44%, 12mths
Feb 2004 - 1884

Correction of (1895-1700) - 11%, 1-2mths

May 2005 - 1700 - 56%, 12mths
May 2006 - 2659

Correction of (2659-2367) - 13%, 1-2mths

Jun 2006 - 2367 - 55%, 12mths
Jul 2007 - 3635
*slight correction at on Feb07

Correction of (3633-3322) - 9%, 1 mth

Jul 2008 - 3635 - 7%, 3mths
Oct 2008 - 3900

Notice something very interesting, % of gain, mths, correction move in unison until the last rally breaks the trend
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Mar 2009 - 1440, 87%, 7mths
Oct 2009 - 2700

Number besides is % gain, number of mths achieved, eyeball test, by definition of correction means 10% from the high.

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